Warum passives Einkommen oft ein Mythos ist

0:00Learn how to make money before you start trying to learn how to make money make money. So, I see so many guys, especially young guys, who are like, "I've got a thousand bucks. How do I invest a thousand dollars?" They're trying to figure out a way to get that thousand dollars to compound. They put it into a compounding calculator, and they're like, "Man, if I get 50% returns for the next 40 years, I'm going to be a billionaire." But, the thing is is that one, it's most likely that you're going to buy a [ __ ] Dogecoin, and then it's going to tank, and then you're just going to lose your thousand dollars and be like, "Wow, think about this. I just worked for two weeks or one month to save that thousand dollars, and I lost it in seconds." So, alternatively, if you take that thousand dollars, and you put it into how do I make more money, how do I actively improve the actions and skills that I have, that will get you far more, and that is where you invest the time, rather than how do I make money make money. Cuz let's be real, you don't have much. So, take the money you have into the skill, the flow of making more money, rather than trying to take this tiny thing and going from a 10% return to a 20% return. Cuz the hundred bucks extra that you yield on that thousand dollars, I promise you, if you learn how to add 50% to your skill set, it'll take whatever your annual earning is up by 50%. And that's going to be a hell of a lot more than 10. And that's assuming everything goes up this year, which one out of four years it doesn't. When you say you don't have time, just immediately think to yourself, "I'm lying. This is bullshit."

1:24Because every single person has between 5:00 to 9:00 a.m. and 5:00 to 9:00 p.m. every day of the week, even if you have a 40-hour job, even if you're a full-time student, because everybody has those eight hours per day. Now, the thing is is that we're not willing to make the trade-offs because we have these things that make us comfortable. Cool. If you reframe that thing as the thing that makes me comfortable today is the thing that's going to make me uncomfortable for a decade, all of a sudden the cost of that comfort goes up. And so, then it flips to if I could become uncomfortable for the day, I could be comfortable for decades. And so, then you can seek out those eight hours and say, "You know what? I'm going to flip this thing." And here's the crazy part about work. Work makes you money in two ways. One, you work and you make money. And secondly, when you're working, you're not spending money. And so when you're starting out, you literally have a double effect. The The money that you're making the whole way through is stacking up because there's no drains on it, either. And so one of the biggest advantages you have is that you stay busy. One of the keys to investing is patience. What is patience?

2:24Patience is figuring out activities to do in the meantime. Think about it for a second. Unpack that. Patience is figuring out what to do in the meantime. So then, if the goal is to get rich, and we know that that takes time, and it takes time for money to compound and grow, then what you do in the meantime is that you work so that you have even more money to invest, and that money has the time to invest and compound while you're working. And I I'm so passionate about this because this isn't something that I didn't do. Right? Like, when I had my job in the beginning, I just wasn't really taking the time that I should have. And then I was like, "You know what? I don't want to do this thing forever. I got to get ahead." But I couldn't stop doing my job, so I started spending my mornings and my evenings every day and both weekend days working on what I was going to do next. And in the beginning, that was studying for the GMAT cuz I thought business school was going to be the next move. But after studying for the GMAT and crushing the test, I came to another realization, which was "I'm going to go to business school cuz I want to start a business. Well, you know what? It's going to cost me less than 2 years and $180,000 plus what I didn't make during the 2 years of not working. I could probably net $10,000 a year of income, which is what the average business school person graduated with when I was looking at business school." And I was like, "I think I could get to 10 grand a month if I had 2 years to work and didn't spend 180 grand, and I took that money and just put it into a business." Now, you're like, "Well, you didn't even have 180 grand." You're damn right I didn't.

3:49I I able to save up 50, and I was like, "I think with this 50, I'll be able to spend it to learn enough to make 10 grand a month. And that's what I did. Real quick, if you're a business owner and you are not growing as fast as you'd like, I'd like to give you a free gift. So, my team and I put together the 100 million-dollar scaling road map, which is basically 200 hours of us looking over all the portfolio companies we've had and what stages of growth they went through and more importantly, where they got stuck and how they got past it. And so, we broke it into these 10 stages and we made this little kind of quiz thing where if you put in your business information, it'll tell you where you're at and the most important part for you, what to do for each of functions of the business across product, marketing, sales, customer success, recruiting, IT, human resources, and finance. And so, no matter what you're struggling with, someone else has already struggled with it and solved it. And so, I'd like to give you this thing absolutely free. You can go to acquisition.com/roadmap, plug in your business information, and if you want us to actually help you deconstruct the business and you're trying to scale, we'd love to help you out. On the thank you page, you can book a call with my team and we will look at the business, see if we can help, and if we can, we'll invite you out to Vegas and we'll do this in person live.